Trintech is to provide its funds reconciliation software to KIT Limited Partnership, a Canadian fast-food company that has annual revenues of $475 million.
KIT owns and operates the KFC, Pizza Hut, Taco Bell and Long John Silver restaurants in seven Canadian provinces and employs more than 8,000 people.
The company will use Trintech's ReconNET software to streamline its accounting processes across its 481 outlets across Canada. ReconNET is designed to faciliate the rapid and accurate reconciliation of cash and credit card payments.
As well as the restaurant industry, the ReconNET is used in the retail, hospitality, food service, insurance, banking and government industries.
